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EDMONTON - Edmonton will see the biggest jump in housing prices in Canada this year, according to a major Scotiabank study released Wednesday.$ t7 ]( U1 }% F' H2 }- [; S
% {$ j6 D; l; F; {- x+ F. ^; L; X"Edmonton is the only city to meet all three criteria of strong demand, tight supply and affordability," said Scotiabank economist Adrienne Warren, who studied 23 Canadian cities.
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3 b# h" j* k. F7 l7 a"This powerful combination will sustain a market-leading pace of construction, sales and ; z+ @, q0 j, q7 ?8 H
Housing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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